Alcohols; Polyhydric, Pentaerythritol Price in Kuwait - 2021
Contents:
- Alcohols; Polyhydric, Pentaerythritol Price in Kuwait (CIF) - 2022
- Alcohols; Polyhydric, Pentaerythritol Imports in Kuwait
Alcohols; Polyhydric, Pentaerythritol Price in Kuwait (CIF) - 2022
The average alcohols; polyhydric, pentaerythritol import price stood at $1,716 per ton in 2022, reducing by -20.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 61%. As a result, import price reached the peak level of $2,153 per ton, and then dropped notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($2,728 per ton), while the price for Sweden ($1,262 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Alcohols; Polyhydric, Pentaerythritol Imports in Kuwait
In 2022, the amount of alcohols; polyhydric, pentaerythritol imported into Kuwait expanded remarkably to 64 tons, surging by 7.6% on 2021 figures. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.6% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 62%. As a result, imports reached the peak of 68 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, alcohols; polyhydric, pentaerythritol imports reduced to $109K in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 42%.
| Import of Alcohols; Polyhydric, Pentaerythritol in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.6 | 9.8 | 43.8 | 35.1 | 59.8% |
| Saudi Arabia | 10.1 | 23.3 | 31.0 | 24.9 | 35.1% |
| Sweden | 25.8 | 29.5 | 32.7 | 23.9 | -2.5% |
| United Arab Emirates | 6.2 | 10.6 | 24.4 | 19.6 | 46.8% |
| Taiwan (Chinese) | 13.3 | 17.6 | 22.7 | 19.3 | 13.2% |
| Others | N/A | N/A | -27.6 | -13.8 | -50.0% |
| Total | 63.9 | 90.9 | 127 | 109 | 19.5% |
Top Suppliers of Alcohols; Polyhydric, Pentaerythritol to Kuwait in 2022:
- China (22.1 tons)
- Sweden (18.9 tons)
- Saudi Arabia (18.0 tons)
- United Arab Emirates (7.7 tons)
- Taiwan (Chinese) (7.1 tons)
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